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336 El Camino Drive

Jack & Nancy Ribakoff Acquire Single Family Property In Beverly Hills From Seller Ken Karlan For $5.1M
SOLDSingle Family

Jack & Nancy Ribakoff Acquire Single Family Property In Beverly Hills From Seller Ken Karlan For $5.1M

336 El Camino Drive

$5,100,000

$1,248/SF

Building Size

4,085 SF

Asset Type

Single Family

Closing

Aug 23, 2022

AI

The single-family property located at 336 S El Camino Dr in Beverly Hills has been sold. The transaction took place on 08/23/2022. The property spans a total of 4,085 square feet and is situated in a highly desirable market.

Summary of transaction details

The buyer of the property is Jack & Nancy Ribakoff, while the seller is Ken Karlan. The deal was facilitated by Nava Lavian from TruLine Real Estate. It is worth noting that the seller purchased the house in November 2021 for $4,900,000 but decided to sell it for personal reasons without making any upgrades. The property was ultimately sold for $5,100,000, reflecting a significant appreciation in value within a relatively short timeframe.

For more information, you can view the property listing here.

Players

Nava Lavian

TruLine Real Estate

Broker

$11.3M

vol

3 deals

Broker

Tempe Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.11%

Cash-on-Cash

-0.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93